Ownership Cost for 2001 BMW 7 Series 740iL
Estimated: $40718 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $2070 | $993 | $869 | $787 | $704 | $5423 |
| Insurance | $1459 | $1510 | $1563 | $1618 | $1675 | $7825 |
| Fuel | $1950 | $2009 | $2079 | $2162 | $2259 | $10459 |
| Maintenance | $2763 | $2335 | $1191 | $1095 | $2291 | $9675 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $593 | $593 | $593 | $593 | $593 | $878 |
| Total Ownership Costs | $9812 | $8053 | $7086 | $7134 | $8633 | $40718 |
| Model year | COMPONENT | Complaint |
| 2004 | VISIBILITY:POWER WINDOW DEVICES AND CONTROLS | CONSUMER 2004 BMW 745 LI CAR PHONE DID NOT REGISTER WHEN IN THE CRADLE. NAVIGATION DID NOT FUNCTION PROPERLY. *** NAR RECEIVED 10-18-05*** *TS THE CONSUMER STATED THE VEHICLE HAD SEVERAL SOFTWARE UPGRADES TO GET THE NAVIGATION SYSTEM TO WORK. ON MULTIPLE OCCASION, THE FLAT TIRE LIGHT CONTINUED TO ILLUMINATED EVEN THOUGH THE CONSUMER DID NOT HAVE A FLAT TIRE. THE DRIVERS SIDE WINDOW NEVER OPENED OR CLOSED ALL THE WAY. *JB |
| 2001 | ENGINE AND ENGINE COOLING:COOLING SYSTEM:RADIATOR ASSEMBLY | I NEED TO HAVE A NEW ENGINE PUT IN FOR MY 2001 740I BMW DUE TO A CRACKED RADIATOR WHICH LED TO THE DAMAGE OF THE ENGINE BEYOND REPAIR. THE CAR HAS 68,000 MILES ON IT. I WAS FORTUNATE THAT I WAS NOT INJURED AND I DID NOT CAUSE AN ACCIDENT ON THE HIGHWAY. I CONTACTED THE COMPANY EXPLAINING MY SITUATION. BMW REFUSED TO ACKNOWLEGE THAT THERE ARE SOME MAJOR DEFECTS WITH THE RADIATOR AND REFUSED TO HELP PAY FOR THE COST OF THE NEW ENGINE. I HAVE DONE SOME RESEARCH ON THE WEB AND HAVE FOUND THAT MANY BMW OWNERS ESPECIALLY BMW 7 SERIES MODEL HAVE GONE THROUGH THE SAME PROBLEM. THERE'S ALSO A PETITION CONCERNING MAJOR DEFECTS WITH ALL BMW 7 SERIES' RADIATOR. THE DEFECTS HAVE CAUSED THE COSUMERS COSTLY REPAIRS NOT TO MENTION DANGEROUS DRIVING CONDITIONS WHICH COULD LEAD TO SERIOUS INJURIES OR EVEN DEATHS. THANK YOU FOR YOUR CONSIDERATION! REGARDS, CHI TRUONG |
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